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Nvidia CEO Jensen Huang Resigns and Broadcom Shares Rise

The Motley Fool +1 · ·by G4L

AVGO Broadcom Inc
$364.36 +5.54%
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NVDA -4.34%
  1. 1Nvidia CEO Jensen Huang has resigned.
  2. 2The Nvidia board, which holds over 80% of the GPU market share, has begun searching for a successor CEO.
  3. 3Broadcom shares rose by as much as 7.1% on Tuesday.

So what's the key point?

Nvidia's leader has stepped down, and the company is looking for a new person in charge. Following this news, Broadcom shares rose by as much as 7.1 percent.

Source The Motley Fool +1 · View original ↗

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Nvidia shares fall amid rumors of board preparing to oust Jensen Huang The Motley Fool · 3h agoNvidia shares fall and Eli Lilly receives China approval Investing.com +1 · 3h agoNvidia CEO Jensen Huang Resigns; AMD and Broadcom Shares Rise Barrons.com +3 · 11h ago
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